APA Corp·4

Apr 2, 4:59 PM ET

Weaving Anya 4

Research Summary

AI-generated summary

Updated

APA Director Anya Weaving Receives 1,178-Unit Award

What Happened

  • Anya Weaving, a non-employee director of APA Corp (APA), was granted 1,178 restricted stock units (RSUs) on 2026-03-31. The award is reported as an acquisition (A) at $0.00 because no purchase price was paid.
  • The RSUs immediately vested and were automatically deferred under APA’s Outside Directors’ Deferral Program (ODDP), converting to phantom stock units. The filing shows a total of 16,953 phantom stock units reported after the transaction (1,178 newly deferred + 15,639 previously reported + 136 dividend accruals).

Key Details

  • Transaction date: 2026-03-31; Form 4 filed: 2026-04-02.
  • Transaction type/code: Award/Grant (A); reported value: $0.00.
  • Shares/units after transaction: 16,953 phantom stock units (not tradable common shares).
  • Footnote F1: RSUs granted to non-employee directors under the 2016 Omnibus Compensation Plan and immediately deferred under the ODDP.
  • Footnote F2: Column 5 total includes newly deferred units plus previously reported units and dividend-based accruals.
  • Filing appears timely (filed within the standard reporting window).

Context

  • These RSUs represent compensation for board service and were automatically deferred into phantom units — they are a compensation liability, not immediate, tradable stock. Such awards are routine for non-employee directors and do not by themselves indicate a buy/sell signal.